New, deep-water production is underway today at the Lula Extreme South in the Brazilian Santos Basin. Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. (Shell) and consortium partners, announces that the FPSO P-69 is now producing…
West Africa focused African Petroleum has inked an agreement with Sierra Leone's Petroleum Directorate to enter a second extension periods on ultra-deepwater licenses SL-03 and SL-4A-10. The work programs for both licenses, in 3000-3600m water depth and containing the Leo and Vega prospects…
French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in deepwater blocks offshore Namibia and South Africa. Total has acquired 70% of Impact’s interests in Block 2913B…
Drilling on the deepwater Drombeg prospect offshore Ireland has discovered water wet reservoirs, says Providence Resources. The 53/6-1 well, in about 2233m water depth - the deepest a well has been drilled offshore Ireland - about 220km off south-west Ireland…
OE charts the top 10 deepest water projects currently in production and in development.
Dutch vessel designer GustoMSC has unveiled a new mid-water drillship design, the Scylax. The 'fit-for-purpose' vessel is described as a compact deep water drilling unit based on a single derrick or drilling mast set up with off-line stand building…
First oil on EnQuest's Kraken heavy oil field in the UK North Sea is on track for 1H 2017 after the floating production, storage and offloading (FPSO) vessel for the project set out for a deepwater anchorage. Vessel operator Bumi Armada…
Petrel Resources and Clontarf Energy, with a Ghanaian partner, have been offered revised deep water Tano Basin acreage by Ghanaian officials, which have been accepted in principle. The acreage, which has been offered to Pan Andean Resources…
Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy. The drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas…
Australia's Woodside Energy has agreed to acquire all US oil firm ConocoPhillips' assets offshore Senegal, West Africa, for US$430 million. The move sees Woodside, which has been increasing its Atlantic Margin position, take a stake in…
Italy's Saipem is to lead the industrialization and commercialization of Springs ('Subsea PRocess and INjection Gear for Seawater'), a subsea water treatment technology designed for deep water application, developed in collaboration with oil major Total and water treatment specialist Veolia…
Wood Group has won a new five-year contract with BP-operated projects, valued at US$500 million, to deliver services to eight facilities, offshore Azerbaijan. Effective immediately, Wood Group PSN (WGPSN) will provide engineering, procurement…
Geoquip Marine, a geotechnical engineering and offshore drilling company, will unveil its new GMTR150 rig at Oceanology International in London. The GMTR150 is a twin ram drilling rig that can be used for drilling, coring, sampling and testing in water depths up to 3500m…
New African Global Energy and Tower Resources have decided to drop their deep-water frontier acreage offshore offshore South Africa, but will be seeking a third partner for another exploration block. The firms were partners on the SW Orange Basin Technical Co-operation Permit (TCP)…
Statoil is to join French oil major Total in drilling the first deep water exploration well offshore Uraguay. Statoil has agreed to take a 15% stake in Block 14, a frontier block in the deep water Pelotas basin, about 200km offshore, in the the South Atlantic Ocean…
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